Charitable organizations from around the country applaud Congress for the bipartisan, bicameral passage of the Protecting Americans from Tax Hikes (PATH) Act of 2015.
Today we celebrate a major victory for community foundations and your donors.
In this week's Washington Snapshot: Senate Passes Permanent IRA Charitable Rollover; Council Submits Comments on IRS Gift Substantiation Proposal; Omnibus Blocks IRS Political Activity Rulemaking; FASB votes to Revise Nonprofit Presentation of Cash F
Just before noon on December 18, the Senate voted to pass the Protecting Americans from Tax Hikes (PATH) Act making the IRA Charitable Rollover permanent law.
The Year in Review highlights the scope of the Council on Foundation's work in 2015.
ARLINGTON, Va— The Council on Foundations issued the following statement upon the passage of a bill in the House of Representatives making the IRA Charitable Rollover and two other charitable giving incentives permanent law.
A proposed rule by the IRS would allow charities to file an additional information return by February 28th each year that includes taxpayer identification information for donors who contribute $250 or more, and provide a copy of the return to these donors
In this week's Washington Snapshot: Extender Negotiations Coming Down to the Wire; CRS Releases New Report on Endowments; Comments for IRS Gift Substantiation Proposal Due Soon; New Jersey Tax Challenge Heard 'Round the Country; Oregon Op-Ed Exp
In this week's Washington Snapshot: Take Action Now on Extenders; Bill Introduced to Simplify Car Donations; Comments for IRS Gift Substantiation Proposal Due Soon; Update on Financial Action Task Force (FATF); Donor Initiated Funding and the Public
Sessions for the Pennsylvania Philanthropy Conference taking place January 25-26, 2016.